A good tenant is worth more than a high rent. One who pays on time, treats the home with care and stays a long while repays all the effort of letting it.
Income you can document
The monthly income of the tenant is expected to cover the rent comfortably. A payslip, proof of income for the self-employed, or bank statements may be requested.
There is no penalty you can apply if the rent is late; the legal route is eviction proceedings, and they take a long time. That is why ability to pay should be discussed at the outset.
How many people will be living there
How many people will live in the home should not be left unclear. It matters both for your responsibility towards the building and for how fast the home wears.
Saying that you are asking for the contract, not out of curiosity, sets the relationship right from the start.
Guarantors and additional security
Asking for a guarantor is common practice. The limit and duration of the guarantor's liability must be stated clearly in the contract.
Rent insurance is another option; it protects the landlord against unpaid rent.
Getting the relationship right
Explaining to the tenant at the outset how the home works, the building rules and who to contact sets the tone for the year ahead.
Responding quickly when something breaks makes the tenant look after the home. A tenant who stays a long time is always worth more than a month standing empty.
Related sections of this guide
- What should a lease agreement contain?
- Handover, utility transfer and meter readings
- I want to let my home: the process from start to finish
Terms from the glossary
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As Konutkent Gayrimenkul we run the letting of your property with you from start to finish: rental valuation, listing, tenant meetings, contract and handover. You can ask your questions by telephone or fill in the application form.
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